On the recordMarch 28, 2007
I have heard someone say, appropriately so, once they saw the Democrats' budget plan, "Be afraid. Be very much afraid." And the reason they said that was because they were looking at one of the points that have already been raised here, and that is the Democrats' largest tax increase in U.S. history. As people have already noted, a $392 billion increase in taxes on American families. That certainly is reason alone to be afraid of this budget and what it will mean to the American taxpayer. But mind you, the Democrats don't stop there. After they raise your taxes once, they are going to be coming after you a second time. And they do that in the form of trying to fill the so-called "tax gap." What is the tax gap? The tax gap is their position of how they fill up any shortage in their funding by going after people who are not adequately paying their current tax amount. I think the average American would say that we are already paying far too much in taxes. I think if you ask the average American, they would tell you that they are already paying their fair share. But the Democrats are saying that in addition to the $392 billion in additional taxes that American families are going to pay, they are going to go after you one more time. Right now, 86 percent of Americans, according to the IRS, are paying their fair share and paying at the respective time. The Democrats are saying that they are going to go for another around $300 billion from Americans.
Source
govinfo.gov




